{"id":193102,"date":"2022-06-03T18:31:55","date_gmt":"2022-06-03T17:31:55","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=193102"},"modified":"2022-06-03T18:31:55","modified_gmt":"2022-06-03T17:31:55","slug":"tesla-needs-to-pause-hiring-cut-staff-by-10-elon-musk","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/03\/tesla-needs-to-pause-hiring-cut-staff-by-10-elon-musk\/","title":{"rendered":"Tesla needs to &#8216;pause hiring&#8217;, cut staff by 10% &#8211; Elon Musk"},"content":{"rendered":"<p>The billionaire founder of Tesla Inc., Elon Musk has stated that the electric car manufacturing company needs to cut about 10 percent of jobs.<\/p>\n<p><span class=\"acssf62a8\">According to\u00a0<\/span><a href=\"https:\/\/www.reuters.com\/technology\/exclusive-musk-says-tesla-needs-cut-staff-by-10-pauses-all-hiring-2022-06-03\/\">Reuters<span class=\"acssf62a8\">,<\/span><\/a><span class=\"acssf62a8\">\u00a0he said this in an email sent to executives of the company on\u00a0 Thursday, titled \u201cpause all hiring worldwide\u201d.<\/span><\/p>\n<p><span class=\"acssf62a8\">The disclosure came two days after he informed his staff<\/span><span class=\"acssf62a8\">\u00a0to spend a minimum of 40 hours at the office or quit.<\/span><\/p>\n<p><span class=\"acssf62a8\">In the email, the business mogul said he has a \u201csuper bad feeling\u201d about the <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/06\/01\/parties-primaries-falana-tackles-cbn-over-dollarisation-of-nigerias-economy\/\">economy<\/a>.\u00a0<\/span><\/p>\n<p><span class=\"acssf62a8\">However, t<\/span><a href=\"https:\/\/www.forbes.com\/billionaires\/\">he world\u2019s richest man<\/a><span class=\"acssf62a8\">\u00a0did not elaborate on the reasons for his worry about the economic outlook of the\u00a0<a href=\"https:\/\/www.thecable.ng\/tag\/united-states\" target=\"_blank\" rel=\"noopener\">United States<strong>.<\/strong><\/a><br \/>\n<\/span><\/p>\n<p><span class=\"acssf62a8\">In recent weeks, Musk has warned about the risk of a recession.<br \/>\n<\/span><\/p>\n<p>Similarly, Jamie Dimon, CEO, JPMorgan Chase, had also warned of an economic \u201churricane\u201d asking US citizens to brace themselves.<\/p>\n<p>On Friday, Tesla\u2019s shares plunged nearly 3 percent in US pre-market trade and its Frankfurt-listed stock was down 3.6 percent after.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The billionaire founder of Tesla Inc., Elon Musk has stated that the electric car manufacturing company needs to cut about 10 percent of jobs. According to\u00a0Reuters,\u00a0he said this in an email sent to executives of the company on\u00a0 Thursday, titled \u201cpause all hiring worldwide\u201d. The disclosure came two days after he informed his staff\u00a0to spend [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":116718,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[37],"tags":[733,703,39208,916],"class_list":["post-193102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-elon-musk","tag-recession","tag-telsa","tag-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tesla needs to &#039;pause hiring&#039;, cut staff by 10% - Elon Musk<\/title>\n<meta name=\"description\" content=\"The billionaire founder of Tesla Inc., Elon Musk has stated that the electric car manufacturing company needs to cut about 10 percent of jobs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2022\/06\/03\/tesla-needs-to-pause-hiring-cut-staff-by-10-elon-musk\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla needs to &#039;pause hiring&#039;, cut staff by 10% - Elon Musk\" \/>\n<meta property=\"og:description\" content=\"The billionaire founder of Tesla Inc., Elon Musk has stated that the electric car manufacturing company needs to cut about 10 percent of jobs. 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